Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources
• Dependence on securing additional funding for exploration and operations
• Fluctuations in metal prices
• Competition in the mining industry
• Obtaining necessary permits and licenses
• Government regulations
• Environmental restrictions
• Political risks in Australia
• Dependence on key personnel
• Currency fluctuations (AUD/CAD)
• Surface rights and access negotiations
• Title matters
• Meeting obligations under property acquisition agreements
• Exploration and mining risks (fires, accidents, etc.)
• Uninsured or uninsurable risks
• Enforcement of civil liabilities
• Potential PFIC status under US tax code

Mitigation Strategies

• Raising money from equity sales, exercise of convertible securities, and optioning out resource properties
• Joint venturing of properties
• Seeking debt financing

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Heavy rainfall events can interrupt field operations, rendering access roads impassable.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall events

Reporting Standards

Frameworks Used: NI 43-101

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Management

Environmental Achievements

• Exploring hybrid power options (solar farms) to reduce CO2 emissions

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Insufficient Financial Resources
• Share Price Volatility
• Fluctuation of Metal Prices
• Financing Risks
• Increased costs
• Intense Competition in Mining Industry
• Obtaining Permits and Licenses
• Government Regulation
• Environmental Restrictions
• Political Risk in Foreign Countries
• Dependence Upon Others and Key Personnel
• Currency Fluctuations
• Surface Rights and Access
• Title Matters
• Acquisition of Mineral Concessions under Agreements
• Exploration and Mining Risks
• Regulatory Requirements
• Limited Experience with Development-Stage Mining Operations
• Uncertainty of Resource Estimates/Reserves
• No Assurance of Profitability
• Uninsured or Uninsurable Risks
• Enforcement of Civil Liabilities

Mitigation Strategies

• Raising money from equity sales, the issuance of convertible securities and from optioning out its resource properties
• Actively monitoring and working with Nebari to address its working capital provisions
• Evaluating new prospects and opportunities
• Exploring options for further equity, debt financing and/or sale of assets, as well as through joint venturing of the Company’s properties to qualified mineral exploration companies

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NI 43-101

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources
• Dependence on securing additional funding for exploration and development
• Fluctuations in metal prices
• Intense competition in the mining industry
• Obtaining necessary permits and licenses
• Government regulations
• Environmental restrictions
• Political risks in Australia
• Dependence on key personnel
• Currency fluctuations
• Surface rights and access
• Title matters
• Exploration and mining risks
• Regulatory requirements
• Limited experience with development-stage mining operations
• Uncertainty of resource estimates/reserves
• No assurance of profitability
• Uninsured or uninsurable risks
• Enforcement of civil liabilities

Mitigation Strategies

• Seeking financing through equity sales, convertible securities, and optioning out resource properties
• Joint venturing of properties
• Careful management of capital structure
• Maintaining cash with high-credit quality financial institutions
• Compliance with applicable laws and regulations
• Using services of experienced personnel or entering into agreements with major resource companies

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources
• Dependence on securing additional funding for exploration and development
• Fluctuations in metal prices
• Intense competition in the mining industry
• Obtaining necessary permits and licenses
• Government regulations
• Environmental restrictions
• Political risks in foreign countries
• Dependence on key personnel
• Currency fluctuations
• Surface rights and access issues
• Title matters
• Exploration and mining risks
• Regulatory requirements
• Limited experience with development-stage mining operations
• Uncertainty of resource estimates/reserves
• No assurance of profitability
• Uninsured or uninsurable risks
• Enforcement of civil liabilities
• Potential for being a PFIC under US tax code

Mitigation Strategies

• Seeking financing through equity sales, convertible securities, and optioning out properties
• Joint venturing of properties
• Careful management of capital structure and expenditure commitments
• Maintaining cash with high-credit quality financial institutions
• Negotiating surface access agreements
• Verifying title to mineral properties
• Complying with applicable laws and regulations
• Utilizing services of experienced personnel or entering into agreements with major resource companies

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources
• Dependence on securing additional funding for exploration and development
• Fluctuations in metal prices
• Intense competition in the mining industry
• Obtaining necessary permits and licenses
• Government regulations
• Environmental restrictions
• Political risks in Australia
• Dependence on key personnel
• Currency fluctuations
• Surface rights and access
• Title matters
• Exploration and mining risks
• Uninsured or uninsurable risks
• Enforcement of civil liabilities
• Potential for being a PFIC under US tax code

Mitigation Strategies

• Seeking financing through equity sales, convertible securities, optioning out properties, and joint ventures
• Managing liquidity risk through capital structure management
• Maintaining cash with high-credit quality financial institutions
• Investigating title to mineral properties
• Negotiating surface access agreements
• Complying with applicable laws and regulations
• Seeking expertise through experienced personnel or agreements with major resource companies

Supply Chain Management

Climate-Related Risks & Opportunities